The ex-president's high-profile arrest risks factionalizing Philippine institutions and altering the landscape around May midterm elections, which will influence the country's foreign policy trajectory.

Intensified Russian attacks will likely soon force Ukrainian troops to exit Russia's Kursk border region, which could make Moscow more open to ceasefire talks by weakening Kyiv's negotiating leverage.

A new IMF program would improve Argentina's short- and medium-term economic and financial outlook in the face of limited international financial market access and negative foreign exchange reserves.

New U.S.-Iran talks are unlikely to make headway, if they begin at all, due to distrust and a mutual unwillingness to compromise, which could see the U.S. or Israel resort to military strikes on Iran's nuclear program.